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This is an excellent post on an extremely important topic.

One additional benefit of unbundling parking is that it makes inclusionary zoning work better. In current circumstances, inclusionary zoning runs into trouble in expensive condos because moderate-income owners have trouble paying high condo fees. This problem can be resolved by having the condo association retain ownership of the parking and charge a high monthly rent for spaces. The parking revenues pay much or all of the building's common expenses and the condo fee can be small or nonexistent.

by Ben Ross on Oct 22, 2012 1:13 pm • linkreport

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